NOT LISTED FOR SALE

901 48 St Unit 2 Brooklyn, NY 11219

Borough Park Neighborhood

Estimated Value: $4,147,698

Studio
12 Baths
-- Sq Ft
4,700 Sq Ft Lot Lot

Sale Details

Date Sold: April 6, 2021

Last sale price $3,400,000

Est. 22% increase in value since last sale

Current estimated payment $23,458 / mo

Highlights

  • Wood Flooring
  • Handicap Accessible
  • Baseboard Heating
  • P.S. 160 William T Sampson School Rated A-
  • Multiple cooling system units
  • Split Air Conditioning

About This Home

As of April 2021

ATTENTION ALL BUILDERS - THIS IS A RARE OPPORTUNITY FOR YOU TO OWN, OR TO DEVELOP TWO BUILDINGS, ON THE CORNER AND FULLY DETACHED. TWO BUILDINGS SIZE ARE 42X68, LOT SIZE 47X100. 5 PARKING SPACES. ITS LOCATED IN PRIME LOCATION BETWEEN SUNSET PARK AND BORDER OF BOROUGH PARK. ABOUT SIX BLOCKS TO D TRAIN STATION. ZONING R 6. CURRENTLY THE FIRST FLOOR AND BASEMENT ARE BEEN USED AS A MEDICAL OFFICE, THE SECOND FLOOR IS HUGE ONE FAMILY.

Last Agent to Sell the Property

Franklin Shan

Tiger Realty Listed on: 08/29/2020

Last Buyer's Agent

Franklin Shan

Tiger Realty Listed on: 08/29/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,700 Sq Ft Lot
  • Lot Dimensions are 100 x 47
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Carport

Utilities

  • Multiple cooling system units
  • Central Air
  • Split Air Conditioning
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Handicap Accessible

Listing and Financial Details

  • Tax Block 5625

Property Details

Home Type

Multi-Family

Lot Details

4,700 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 68.00
  • Building Width: 42.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 9th Av
  • Cross Street Name2: 10th Ave
  • Handicap Access Y N U: Yes
  • Heat Delivery: Baseboard, Hot Air
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 5 Spaces
  • Parking Feature Single: Carport
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit, A/C Unit - Wall, Central Air, Central Air - Split
  • Street Name I D X: 48
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 7
  • Basement Half Bathrooms: 5
  • Flooring: Carpeting, Ceramic, Hardwood
  • Lot Sq Ft: 4700

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Air Conditioning Units: 2
  • Electric: 110 V, 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 47

Multi Family

  • Unit Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Apr 6, 2021
Sold by
Schulman Dr Robert H and Schulman Dr Susan
Bought by
Cho 901 Realty Llc
Seller's Agent
Franklin Shan
Tiger Realty
Buyer's Agent
Franklin Shan
Tiger Realty
Sold Price
$3,400,000
Current Estimated Value
$4,147,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,698
Avg. Annual Appreciation
3.87%
Original Mortgage
$1,360,000
Outstanding Balance
$1,210,227
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,926,661
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cho 901 Realty Llc $3,400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Cho 901 Realty Llc $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $3,400,000 -- --
08/29/2020 08/29/20 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $17,353 $111,060 $39,480 $71,580
2025 $17,223 $127,500 $39,480 $88,020
2024 $17,223 $118,740 $39,480 $79,260
2023 $16,430 $114,180 $39,480 $74,700
2022 $15,236 $89,640 $39,480 $50,160
2021 $15,152 $83,040 $39,480 $43,560
2020 $3,766 $75,960 $39,480 $36,480
2019 $14,949 $75,960 $39,480 $36,480
2018 $13,445 $67,416 $34,467 $32,949
2017 $12,665 $63,600 $34,874 $28,726
2016 $11,685 $60,000 $39,480 $20,520
2015 $9,488 $61,140 $39,480 $21,660
2014 $9,488 $61,140 $39,480 $21,660
Source: Public Records

Agents Affiliated with this Home

  • Franklin Shan

    Seller's Agent in 2021

    Franklin Shan

    Tiger Realty

    (917) 292-1688

    1 in this area

    27 Total Sales

    Franklin Shan
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 443119

Brooklyn Board of REALTORS®

APN: 05625-0001

New York Kings County Brooklyn 11219 Borough Park

901 48 St Unit 2, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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